Current Testarossa Values | Page 3 | FerrariChat

Current Testarossa Values

Discussion in 'Boxers/TR/M' started by UAS, Nov 20, 2014.

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  1. UAS

    UAS Formula 3
    BANNED

    Jul 2, 2008
    1,193
    Glen Cove, NY
    I think the upcoming auctions in january will only help prices and that will carry to late spring....after then it's anyone's guess....but "if" the bubble bursts, how fast will prices drop?? A few months? A year?
     
  2. tbakowsky

    tbakowsky Two Time F1 World Champ
    Consultant Professional Ferrari Technician

    Sep 18, 2002
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    Who knows. It's like the stock market. Ups and downs. You take the risk and play.

    But with the way things are going, your playing in a shrinking market. Not too many 20 something's are wanting an old gas guzzling car, no matter what the name is on the hood. This could be the last big bubble we see for a long time.

    Times are changing. Cash in while the money is good. IMHO.
     
  3. turbo-joe

    turbo-joe F1 Veteran

    Apr 6, 2008
    9,589
    southwest Germany, France ( Alsace ) and Thailand
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    romano schwabel
    why you are all talking here from selling, buying, keeping because of the value?

    I have my 512 BB and the TR for fun, to enjoy driving. I would never sell one and buy instead of those then a 360 or 550 because of the value. from those there are too much on the market. if I would buy then to enjoy the car, but there is nothing equal driving a BB or a TR. and I hate this sh-t electronic in the newer cars
     
  4. TKO

    TKO Formula Junior

    Oct 22, 2004
    790
    SoCal
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    Tom Kearns
    That is crazy :). It's a great time to BUY 80's Iconic supercars for many reasons not just value …. and I'm pretty sure most that are on this forum wouldn't even think about a 360 or 550. Just MHO.
     
  5. tvu

    tvu Formula 3
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    Trieu
    A 458 would be very tempting though.
     
  6. MS250

    MS250 Two Time F1 World Champ
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    You are not selling a mustang where garage space is an issue to sell in the spring over the fall.

    High end products don't cycle based on seasons, if that were the case, the auctions that took place the last few months would never sell cars like this.

    If the Testarossa goes up a few more dollars in the spring, it's because other cars have also equally gone up. If you want / need / like to sell , nothing like the present. Timing the market if like winning the lottery. The cars could easily also go down a tad this spring if a terrorist attack happens, or some crazy oil embargo.

    Sell and buy these cars when you are best ready.

    Good luck !
     
  7. Schulz308

    Schulz308 Formula 3
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    May 21, 2014
    1,512
    STL USA
    Seasons do effect the size of the market. I do not get as serious to buy summer toys in the middle of a cold winter. I have to assume that is not just me, any shrink or growth of customers effects prices. May not totally dominate in the Ferrari market but I would imagine that spring or early summer is the ripest time overall.
     
  8. MS250

    MS250 Two Time F1 World Champ
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    Dec 10, 2003
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    Cough cough ... There was a study done , can't locate the publication.

    A Ferrari testarossa in general targets the top 1% of the population. The 1% buy in all seasons and all conditions the fact that "you" get serious about summer toys in the summer is not the same analogy. Again, I made reference to the mustang, that is a summer toy and does not cater to the 1%.

    If you want a triple black Testarossa, or a 512m and it comes up for sale dec 24th and priced right , guess what .... It's not going to sit until March 31st waiting for you and the snow to thaw ;)

    Someone buying a brand new Ferrari/ used ferrari , or a woman buying a 5k Louis bag , or $1,000 shoes is not affected by the season , but rather trend. Though I suspect high heel shoes may sell better over the summer and close to feb 12th than other days in the winter ;)
     
  9. msdesignltd

    msdesignltd Two Time F1 World Champ
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    #59 msdesignltd, Nov 26, 2014
    Last edited: Nov 26, 2014
    IMO...What you really mean to say is
    " Wolfs buy year round, Sheep buy in the spring"
    Just say it!
    Or " He who hesitates , loses."

    Actually the other philosophy works on common cars
    Does not work on todays collectables!
     
  10. GregTe

    GregTe Formula Junior

    May 3, 2004
    544
    Maine
    I live in Maine, we just got a foot of snow on the ground so it throws a little bit of a monkey wrench into selling. No test drive, harder to take pictures for an ad etc…
     
  11. daveshowey

    daveshowey Karting

    Apr 12, 2013
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  12. daveshowey

    daveshowey Karting

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  13. tvu

    tvu Formula 3
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    I've never seen a white stick propping the front hood on ad before.
     
  14. meantestarossa

    meantestarossa Karting

    Jul 15, 2004
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    Ron McDaniel
    Damn I've got to say, I love what you just said. I totally agree 100%. Ferrari buyers aren't waiting for the summer clearance event before deciding to pull the trigger like they were shopping for a Honda. Please!
     
  15. WJGESQ

    WJGESQ Formula 3

    Dec 30, 2004
    1,477
    Why does it have a wing?
     
  16. MS250

    MS250 Two Time F1 World Champ
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    Wow, I'm not a fan, but DAMN , someone spent some serious money on that interior, between the seats, and door panels, not bad
     
  17. rpissm

    rpissm Formula 3

    Aug 11, 2013
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    Wow that wing is horrible! And plus, I really doubt it's very durable and functional, considering it's mounted to the freaking rear vents!
     
  18. scudF1

    scudF1 F1 Rookie
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    I'm not a big fan of that wing. Very unnecessary .
     
  19. F360-1386

    F360-1386 Formula 3

    Oct 8, 2006
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    Markham, ON, Canada
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    51216M
  20. 88Testarossa

    88Testarossa Formula 3

    Sep 25, 2012
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    Al
    Lose the wing and extra horses and it may sell. Wheels are too bling for my taste too. Ugh.
     
  21. Bradwilliams

    Bradwilliams F1 Veteran
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    Don't worry, you won't have to wait long, 100k entry is about to begin any day now according to the market.
     
  22. dkyranakis

    dkyranakis Formula Junior

    Nov 24, 2013
    259
    Centreville, DE
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    Demetri Kyranakis
    I agree. Any nice TR that has less than 20 k miles and is under $100,000 will likely be due for a major service and have small issues. $70-80 grand is still possible but most will need $10-20000 in service to be fully sorted. Entry price is getting very close to $100k.


    Sent from my iPhone using Tapatalk
     
  23. Todd308TR

    Todd308TR F1 World Champ

    Nov 25, 2010
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  24. Prova85

    Prova85 Formula 3

    Nov 13, 2003
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    Kenny K
    Sad in a sense for the car. But it makes me happy. The more I see these bastardized ones, the more I can only think my clean unadulterated car rises in value. Want to install a high mirror on the right side of an 85 or 86? Go right ahead!
     
  25. stardoc

    stardoc Formula Junior

    May 5, 2005
    669
    The big oven
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    K RA
    This T.R. has been for sale for a while. I'm looking for a clean 512TR or T.R. private party. Not too much out there that fancy's the eye at a realistic asking price. If anyone is interested in selling their's (at fair market), please P.M. me.
     

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